With the recent market volatility brought about by rising bond yields and the fear of future inflation, it can be helpful to scan your holdings and watchlists regularly to see how they match up with your investment approach and check for any stocks that might look promising when you are ready to deploy any excess cash you have.
With A+ Investor, you can see which stocks you track in My Portfolio pass any of the AAII stock screens as well as track those stocks in the overall universe that pass more than one of AAII’s stock screens.
The My Stock Screens link on the dashboard of the Screening section at AAII.com is where you can see the latest passing company results for the AAII stock screens that you have favorited, view A+ Stock Grades for the screening strategies you track as well as the for the individual companies currently passing these screens, and check the performance of favorite screens over varying periods.
This week, we are focusing on only two tabs on the table at the My Screens area: My Stocks Passing Any Screens and Stocks Passing Multiple Screens.
If you have set up any portfolios using My Portfolio that contain stocks, the My Stocks Passing Any Screens tab will list those stocks in your portfolios that pass any AAII stock screen as of the previous trading day:
In the example above, we see that D.R. Horton Inc. (DHI) passed six stock screens as of February 26, 2021: Buffettology: EPS Growth, Dreman With Est Revisions, Inve$tWare Quality Growth, Neff, P/E Relative and Templeton.
If the star to the left of a screen name in the Screens Passed column is yellow, that means it is a screen that you have favorited. You can also click a star that is not filled in yellow to start following that screen (the star will turn yellow).
The last column in the My Stocks Passing Any Screens tab indicates how many of your portfolios a given stock is in along with the portfolio names.
The Stocks Passing Multiple Screens tab is not particular to stocks you are following or your favorited screens. Instead, it lists all the stocks in the AAII database that pass at least one of the screens tracked by AAII:
As of February 26, 2021, 1,613 stocks passed at least one of the screens AAII tracks.
To narrow down the list, you can change the minimum number of screens using the drop-down box at the top left on the tab. Note that some screens—such as the Philip Fisher and Rule #1 approaches—did not have any companies that passed at the time of the analysis (passing company lists for the screens are updated daily for A+ Investor subscribers and are refreshed after the close of each trading day).
Only 24 stocks pass four or more AAII screens as of the close on February 26, 2021 (image above).
By default, the Stocks Passing Multiple Screens tab is ranked from those stocks that pass the most screens to those that pass the fewest. The tab also lists all the screens that a given stock passes.
For example, as of February 26, Smart Sand Inc. (SND) met the criteria of seven of the AAII stock screens: Driehaus Revised, Driehaus, Fundamental Rule of Thumb, Lynch, Muhlenkamp, Piotroski: High F-Score, and Price-to-Sales.
Further information on each of the screening strategies can be found by clicking on the screen name in the tab or by selecting Guru Screens or Factor Screens from the dashboard of the Screening area at AAII.com.
The Stocks Passing Multiple Screens tab also shows if a stock is held in any portfolios you created using My Portfolio. If you wish to add a stock on the list to an existing portfolio or a new portfolio, click on the yellow “+” to the left of the company name. The pop-up box will show if you have already added the stock to one of your portfolios.
